Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 12 years ago on .
Most recent reply
presented by
Tax Time
Got a question on filing your expenses regarding your rental properties. Assuming you are actively involved in managing your propertied for tax purposes :
Lets sat you have couple of properties.
Assuming you mix your car use among business/pleasure/work and you don’t keep track of the exact milage. Can you claim $1388 max deduction PER EACH property ? (line 6 of schedule E) or the 1388 needs to be spread equally across all your properties ?